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Feb 8, 2013 4:00pm EST
uncertainty is probably because of the budget cuts. it's probably because looking at debt ceiling in the future. it's much more about what the lineup is because of how the temp structure has set up. >> chris, i know you're expecting a good year for stocks, but do you think that we're going to have some selloffs around these issues in washington, sequestration, the budget cuts to come. are you going to be buying on the dip if that were to happen? >> yes, maria. in fact, i agree with amy on the u.s. markets. i think it's going to be a little bit of tough sledding specifically because of sequestration and because of the fact we're starting right at this moment at fairly high investor sentiment levels, and the interesting thing, really a question of time horizon, amy's time horizon is maybe a little bit shorter than how we invest, but the interesting thing is what we found in studying investor sentiment is even when it's at optimistic levels like it is right now, that tends to mute forward returns from say zero to a couple months ahead time frame. it's actually a good thing from a nine to 12-month going-
Feb 7, 2013 8:00pm EST
about, yes, deficits and taxes and sequesters and potential government shutdowns, debt ceiling, we'll talk about that stuff. but we'll talk about it from the perspective on how we're making sure someone works hard in this country. a cop, teacher, a construction worker, or a reception worker, they can make it if they work hard. their kids can make it and dream bigger dreams than they have achieved. obviously, a lot of what we'll be working on over the next few weeks is going to be on how do we deal with this sequester issue. i want to make this quick point. i had a press conference this week in which i reiterated that i'm prepared, eager, and anxious that ends this government by crisis that every two week or every two months or every six months we are threatening this hard recovery, are finally housing is picking up and real estate is doing better and unemployment numbers are still too high. we're seeing job growth and manufacturing is doing well and we continue to have these self- inflicted crisis here in washington where suddenly someone taps the brakes. what i said this week was i w
Search Results 0 to 1 of about 2